All articles by Satarupa Bhowmik

Satarupa Bhowmik

Pan American Energy concludes Legacy Lithium spin-out

Pan American’s former common shares were delisted from the Canadian Securities Exchange at trading close on 20 April.

Calidus plans to raise funds to expand Warrawoona project

For the share placement, Calidus will issue 109.8 million shares to investors, at A$0.21 apiece.

Freeport-McMoRan profit plunges on reduced production

The miner earned revenues of $5.39bn in Q1 2023, marking a 18% decrease from the previous year.

Lithium Americas closes $227m purchase of Arena Minerals

The deal saw Lithium Americas buying all of Arena’s issued and outstanding common shares of Arena.

Essential Metals shareholders reject Tianqi-IGO’s buyout offer

The Tianqi Lithium Energy Australia (TLEA) JV had proposed A$0.50 a share in January this year for the takeover.

Fujairah makes unsolicited takeover proposal for Asante Gold 

The EOI requires Asante to stop current talks with other entities regarding debt or equity funding.

Ximen obtains final mines act permit for Kenville project

The company said that design work for water management infrastructure is in progress.

CMOC and Congo settle royalties dispute over Tenke Fungurume mine

This settlement will help the mine’s battery metals stockpile to begin entering international markets.

Glencore signs loan agreement for Pacific Nickel’s Kolosori project

The loan will meet the pre-production funding requirements of the project.

Winsome to bolster lithium pipeline with Tilly project acquisition

This deal expands Winsome’s landholding in the James Bay region to 856.6km².